Currency holder



@ku A Jan. 29, 1957 N. c. scHwr-:l'rzER 2,779,461

CURRENCY HOLDER Filed Dec. 2o, 1955 Y y 2l 2l i ,5 12 2 4': w m

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INVENTOR.

A'TTD RN EYE United States Patent O i CURRENCY HOLDER Nicholas C. Schweitzer, Huntington, W. Va.

Application December 20, 1955, Serial No. 554,279

1 Claim. (Cl. 206--37) This invention relates to devices adapted to be placed in a pocket for holding and carrying money and particularly paper money or currency, and in particular a pair of hinged panels with` resilient money holding clips on lower edges thereof, with a spring for urging the panels `to open positions and with a spring actuated and button operated key for locking the panels with the holder in the closed position.

The purpose of this invention is to provide a currency holder that is adapted to be carried in the pocket and in which currency may readily be inserted and also readily removed.

Various types of spring actuated hinged panels have been provided for holding currency, however, holding devices for this use require special locking and fastening elements and, in most instances, it is di'icult for holders of this type to open to a at position consequently it is diicult to place currency in the holder particularly without folding the currency. With this thought in mind this invention contemplates a pair of hinged panels with clips on the lower edges thereof in which the panels Open to an angle of 180 degrees whereby both are in the same plane and wherein a spring is provided on a hinge connecting the panels for snapping the panels to an open position.

The object of this invention is, therefore, to provide means for forming a currency holder in which currency may readily be inserted in the holder and also readily removed therefrom.

Another object of the invention is to provide an irnproved currency holder in which the device is adapted to be placed in a pocket with the parts folded.

A further object of the invention is to provide an improved currency holder which is of a simple and economical construction.

With these and other objects and advantages in view the invention embodies a currency holder including a pair of panels, a hinge for connecting inner edges of the panels, spring clips extended upwardly from lower edges of the panels, a spring for urging the panels to an open position, a key for locking the panels in the closed position and a hook carried by a spring extended through the hinge elements for holding the currency at the center and for retaining the currency in position in the holder.

Other features and advantages of the invention will appear from the following description taken in connection with the drawing, wherein:

Figure 1 is a front elevational view looking toward the inside of the holder.

Figure 2 is an end elevational view looking toward one end of the holder with the parts as shown in Fig. l.

Figure 3 is a sectional plan looking downwardly upon the upper end of the holder with the panels in folded positions, said section being taken on line 3-3 of Fig. 4.

Figure 4 is a vertical section through the hinge elements of the holder taken on line 4-4 of Fig. 3 and with the parts shown on an enlarged scale.

2,779,461 Patented `lan. 29, 1957 Figure 5 is a view showing one of the panels of the holder with part or' one of the hubs thereof broken away and shown in section and with other parts omitted.

Figure 6 is a similar view showing the other panel of the holder and also with part of one of the hubs broken away and part of the remaining portion shown in section.

Referring now to the drawing wherein like reference characters denote corresponding parts the improved currency holder of this invention includes a panel 10 having a spring clip 11 extended upwardly from the lower edge, a complementary panel 12 having a spring clip 13 extended npwardly from the lower edge, a pintle 14 providing a hinge pin for pivotally connecting the panels 10 and 12, the pintle being extended through hubs 15 and 16 on the panel 10 and 17 and 18 on the panel 12, a spring 19 positioned between the hubs 17 and 18 and extended around the pintle 14 for urging the panels to open positions, a plug 20 slidably mounted in the pintle 14 and having a ball or knob 21 on the upper end and a key 22 on the intermediate portion and adapted to extend through a slot 23 in the hub 15 and a slot 24 in the hub 17 with the panels folded for locking the panels in the closed position, a spring 25 for urging the plug 20 and ball 21 upwardly with the key 22 in the position of locking the holder in the closed position, and a hook 26 threaded in the lower end of the plug 20 as shown at the point 27 and extended through an opening 23 in the lower end or the pintle and upwardly on the outside of the hinge elements, the outer portion being connected to the inner stem 29 with an arcuate or U-shaped section 30.

The panel 10 is substantially rectangular shaped having a projection 31 on the lower edge from which the spring nger or clip 11 extends and the panel 12 is of a similar shape also having a projection 32 from which the spring finger or clip 13 extends. The lower edge of the panel 12 is provided with a thumb and finger receiving recess 33 to facilitate drawing currency downwardly into the spring clips.

With the parts folded, as illustrated in Fig. 3, the plug 20 and knob or ball 21 are urged upwardly by the spring 25 with the key 22 positioned with the upper edge in the notch or slot 23 of the hub 15 and with the lower portion in the upper part of the slot 24 of the hub 17 whereby the key locks the parts in folded positions, as shown in Fig. 3.

To open the holder the knob or button 21 is pressed downwardly to the position shown in Figs. 1 and 2 whereby the upper portion of the key leaves the slot 23 and the entire key is positioned in the slot 24. In this position one panel is free to turn in relation to the other so that the holder is adapted to be opened to insert currency therein or to remove currency therefrom. As the panels are folded to the closed position the key 22 is snapped upwardly by the spring 25 wherein the upper edge of the key passes into the slot 23 retaining the panels in the closed position.

One end 34 of the spring 19 bears against the inner surface of the panel 10 and the opposite end 35 of the spring bears against the inner surface of the panel 12 whereby the panels are urged to the open position when released by the key.

The stem 29 of the hook 26 is secured in the opening 27 in the lower end of the plug 20 with a lock nut 36 which bears against the end coil of the spring 25.

With the parts arranged as illustrated and described currency, and particularly paper money is placed over the hook 26 and between the spring clips 11 and 13 and the panels 10 and 12, respectively and with the currency in position the panels are folded and upon reaching the folded position, as illustrated in Fig. 3, the spring 25 snaps the key 22 upwardly into the slot or notch 23 of the hub 15 wherein with the lower edge of the key in the slot 24 ofl the hub 17 the two panels are locked and the device will remain in the closed position until the key is pressed downwardly by the ball or knob 21.

The parts may be formed of plastic or other suitable material and the holder may be supplied: in different colors or of different designs, as may be desired'.

Itl will be understood that modifications, within the scope of the appended claim, may be madein theV design and arrangement of the parts without departing from the spirit of the invention.

What is` claimed is:

In a currency holder, the combination which comprises a substantially rectangular-shaped panel having a spring clip carried by and extended upwardly from the lower edge, a substantiallyv complementary panel also having a spring clip carried by and extended upwardly from the lower edge, meeting edges of the panels being rolled to form hubs and the hubs of one panel being adapted to mesh with hubs of the other panel, a tubular pintle extended through the hubs of the panels for retaining thepanels in hinged relation, a spring extended around the pintle and positioned with one end bearing against one panel andthe opposite end bearing against the other panel whereby the panels are urged to open positions by the spring, a plug slidably mounted in the pintle. and having a knob extended from the upper end and a key extended from one side, a spring positioned between the plug and lower end of the pintle for urging the plug upwardly from the pintle and also for urging the key of the plug across ends of slots of hubs of the panels whereby the panels are locked in positions in which the holder is closed, and a hook extended from the lower end of the plug through the lower end of the pintle and upwardly on the outside of the pivotal mounting of the hubs of the panels providing a guide for retaining currency in the holder.

References Cited inthe le of this patent UNITED STATES PATENTS 619,719 Cherry Feb. 21, 1899 1,166,702 Mardon et al. Jan. 4, 1916 1,701,595 Taylor Feb. 12, 1929 1,717,801 Metcalf June 1'8, 1929 2,031,773 Halprin Feb. 25, 19-36 FOREIGN PATENTS 170,096 Austria Ian. 10, 1952 

